Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Fri Jun 29, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

Domestic source only. Live sales based on net weights FOB the feedlot after a
3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed:      14,759            Week ago:   36,303          Year ago:   69,706
Week to Date:   19,963            Week ago:   63,373          Year ago:   85,522

NEGOTIATED GRID BASE:
Confirmed:       3,340            Week ago:    5,370          Year ago:    6,622
Week to Date:   12,591            Week ago:   18,487          Year ago:   19,355


NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice      255     64.5   1,275-1,425  1,365.7  116.00-118.00  116.35
 65 - 80% Choice    1,507     63.3   1,255-1,430  1,335.6  116.00-116.00  116.00
 35 - 65% Choice    3,105     63.2   1,185-1,450  1,317.9  116.00-116.00  116.00
  0 - 35% Choice      114     64.5   1,250-1,250  1,250.0  116.00-116.00  116.00
 Total all grades   4,981     63.3   1,185-1,450  1,324.1  116.00-118.00  116.02
STEER - DRESSED - DELIVERED
 Over 80% Choice      387     63.1     850-901      882.7  183.00-188.00  185.58
 65 - 80% Choice    1,099     63.3     850-934      868.6  184.00-188.00  186.20
 35 - 65% Choice      123     62.8     888-888      888.6  184.00-184.00  184.00
  0 - 35% Choice                          -                      -
 Total all grades   1,609     63.2     850-934      873.5  183.00-188.00  185.88
HEIFER - LIVE - FOB
 Over 80% Choice      236     63.1   1,090-1,239  1,149.9  116.00-116.00  116.00
 65 - 80% Choice    1,780     63.3   1,130-1,290  1,192.4  116.00-116.00  116.00
 35 - 65% Choice    1,511     63.4   1,050-1,350  1,180.6  116.00-116.00  116.00
  0 - 35% Choice      153     63.7   1,250-1,250  1,250.0  116.00-116.00  116.00
 Total all grades   3,680     63.3   1,050-1,350  1,187.2  116.00-116.00  116.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      203     63.8     762-800      783.7  187.00-188.00  187.57
 65 - 80% Choice      739     64.3     756-800      783.1  184.00-188.00  185.28
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     942     64.2     756-800      783.2  184.00-188.00  185.77
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       42     62.8   1,330-1,330  1,330.0  116.00-116.00  116.00
 65 - 80% Choice      465     63.3   1,165-1,300  1,230.0  116.00-116.00  116.00
 35 - 65% Choice      958     63.1   1,150-1,315  1,229.7  116.00-116.00  116.00
  0 - 35% Choice                          -                      -
 Total all grades   1,465     63.2   1,150-1,330  1,232.7  116.00-116.00  116.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      232     63.3     774-866      815.1  183.00-188.00  185.56
 65 - 80% Choice       73     63.5     800-832      810.4  184.00-184.00  184.00
 35 - 65% Choice       34     61.0     732-732      732.0  184.00-184.00  184.00
  0 - 35% Choice                          -                      -
 Total all grades     339     63.1     732-866      805.7  183.00-188.00  185.07
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  10,126     63.3   1,050-1,450  1,261.1  116.00-118.00  116.01
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,890     63.5     732-934      836.1  183.00-188.00  185.75
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      198     58.5   1,280-1,285  1,282.8  107.00-107.00  107.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     198     58.5   1,280-1,285  1,282.8  107.00-107.00  107.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      139     61.7     765-932      788.5  176.00-187.00  178.71
 65 - 80% Choice      144     61.4     824-838      827.3  176.00-179.00  178.35
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     283     61.5     765-932      808.2  176.00-187.00  178.53
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice       34     64.5   1,425-1,425  1,425.0  121.00-121.00  121.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     64.5   1,425-1,425  1,425.0  121.00-121.00  121.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      160     63.5     809-841      833.0  190.00-190.00  190.00
 65 - 80% Choice      145     63.1     839-839      839.2  190.50-190.50  190.50
 35 - 65% Choice      800     63.5     800-909      848.4  190.50-190.50  190.50
  0 - 35% Choice                          -                      -
 Total all grades   1,105     63.4     800-909      845.0  190.00-190.50  190.43
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       53     62.5   1,150-1,150  1,150.0  116.00-116.00  116.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      53     62.5   1,150-1,150  1,150.0  116.00-116.00  116.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      120     63.8     793-819      801.9  187.00-190.00  189.00
 65 - 80% Choice      657     63.4     724-788      750.5  190.50-190.50  190.50
 35 - 65% Choice      247     63.6     724-830      759.3  190.50-190.50  190.50
  0 - 35% Choice                          -                      -
 Total all grades   1,024     63.5     724-830      758.6  187.00-190.50  190.32
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      157     63.5   1,350-1,350  1,350.0  116.00-116.00  116.00
  0 - 35% Choice                          -                      -
 Total all grades     157     63.5   1,350-1,350  1,350.0  116.00-116.00  116.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      561     63.1     779-897      851.5  184.00-190.00  186.04
 65 - 80% Choice      208     62.9     762-792      785.9  184.00-190.50  189.04
 35 - 65% Choice       53     64.0     764-764      764.8  190.50-190.50  190.50
  0 - 35% Choice                          -                      -
 Total all grades     822     63.1     762-897      829.3  184.00-190.50  187.09
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     244     63.4   1,150-1,425  1,317.0  116.00-121.00  116.70
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,951     63.4     724-909      810.6  184.00-190.50  189.46
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      102     60.6     775-825      807.8  184.00-185.00  184.34
 65 - 80% Choice       43     60.0     825-825      825.0  186.00-189.00  187.95
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     145     60.4     775-825      812.9  184.00-189.00  185.41
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

NATIONAL - All States

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1500C







.

1. Oil gains on lower U.S. stockpile, all eyes on Fed
2. New ads emphasize agriculture’s role in economic recovery
3. Ag markets were generally mixed overnight trading
4. Winterkill losses put pressure on forage supplies
5. Canadian CJD cases are “classical" form
6. Bull sales and trends at Nichols Farms

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Peterson Brothers: What summer vacation?
5. Experts weigh in on lowest beef supply in 60 years
6. Crude oil expected to peak and cost of electricity to go down

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time